5390 Triangle Pkwy Norcross, GA 30092
- Commercial real estate
- 65,979 SF
- 7.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5390 Triangle Pkwy
- Year built
- 1998
- Lot size
- 7.50 lot acres
- Property size
- 65,979 SF
- Zone code
- OI-OFFICE-INSTITUTIONAL
- Property type
- Commercial real estate
- APN
- 6-302 -168
- APU
- 6302168
Description
This exceptional flex space opportunity is located within the Lakeside at Peachtree Corners complex, a three-building office complex totaling 181,407 square feet. The property, situated at 5390 Triangle Parkway in Gwinnett County, offers a prime location off Spalding Drive, providing convenient access to the area's amenities. The building itself is a Class B property, constructed in 1998, and features a total of 68,832 square feet of space. Multiple tenancy options are available, ranging from 3,316 square feet to 16,328 square feet, catering to a variety of business needs. Ample parking is provided with 344 spaces available for tenants and their clients. The complex boasts a highly desirable location, within walking distance of The Forum, a premier shopping and dining destination in northeast Atlanta. This proximity to The Forum, coupled with its closeness to affluent residential communities, ensures a strong tenant base and convenient access to a wide range of amenities. The property sits on 7.5 acres of land, offering potential for future expansion or outdoor uses. This is an excellent opportunity to secure flexible, well-located commercial space in a thriving area of Gwinnett County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,480,000
- 6.5%
- $1,360,000
- 7%
- $1,420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,315,000
- Geo Method
- $1,420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,375,000
- Retail
- $1,195,000
- Mixed-Use
- $1,410,000
- Hospitality
- $1,280,000
- Educational
- $1,385,000
- Residential Income
- $1,280,000
- Energy
- $1,550,000
- Income-Based Land
- $1,360,000
- Food Service
- $1,375,000
Location Insight
- Map
- Local Demand
- City
- Peachtree Corners
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.2236
- Latitude
- 33.979
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA